of solar city lyndon rives is ceo and co-founder of the company. guys, great to see you. >> thank you for having us. >> lynn done, i will start it off with you this is a reduced offering, can you characterize what happened behind the scenes? did you see less demand for this offering and why the need to push this thing out of the gate right now? >> so, the fact that solarcity come out is quite amazing, it is best that we have a good product. we provide cheaper, cleaner energy. the solar sector has taken a beating and unfortunately, we have see received some of that but it is not based on today. it is based on what is the long term. and by us offering cheaper, cheaper electricity, you will see that fundamentally, that will change. >> all right. let's talk about long term then, because in your filing, you said that long-term growth is heavily dependent on government subdid sid disand clean energy policies and note the u.s. federal tax credit for solar projects with will fall 30% the cost of the system to 10% tend of 2016. >> i can't hear a word you're